13 answer the following A) a …
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Gaurav Seth 5 years, 4 months ago
B) The value of APS can be negative when consumption expenditure becomes higher than income. For example, if income is र 1,000 and consumption expenditure is र 1,200, then saving is -200 (i.e., dissaving).
Then
C) Investment or Autonomous investment is independent of the level of income in the economy. It can only be increased or decreased by government actions. Since, the amount of investment is independent of the level of income/output, the investment curve is drawn as a horizontal straight line parallel to the x-axis.
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